Statute · New York Insurance Law

N.Y. Ins. Law § 2322 — Final determination; procedure on orders without hearing

N.Y. Ins. Law § 2322

Type
Statute
Source
New York Insurance Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 2322. Final determination; procedure on orders without hearing. (a) After a final determination against an insurer, the amount of any overcharge received by such insurer during the pendency of the proceedings, with interest thereon, shall upon demand be refunded by the insurer to the persons…

Citator

N.Y. Ins. Law § 2322 — Final determination; procedure on orders without hearing is in force in the current edition of the Code, and nothing recorded condemns it.

§ 2322. Final determination; procedure on orders without hearing. (a) After a final determination against an insurer, the amount of any overcharge received by such insurer during the pendency of the proceedings, with interest thereon, shall upon demand be refunded by the insurer to the persons entitled thereto.

(b) Any insurer or rate service organization to which the superintendent has directed an order made without a hearing may, within thirty days after notice to it of the order, make written request to the superintendent for a hearing. Pending a hearing and a decision affirming, reversing or modifying his previous action, the superintendent may suspend or postpone the effective date of his previous action.